Economy

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  • Category : Economy
  • Value Added Tax to up tax revenues by 30 bln EGP

    Date: 2015-07-08 10:52:03 GMT - Egypt - Economy - SN:32 - ID:2942789

    CAIRO, July 8 (MENA) - Applying Value Added Tax bill will up tax revenues by 30 billion EGP in the 2015/2016 fiscal year, the Tax Authority chairman said. During a pre-dawn meal Tuesday, Abdel Meneim Matar said the bill is scheduled to be ....

  • EGX loses EGP 4.3bn

    Date: 2015-07-08 10:50:47 GMT - Egypt - Economy - SN:31 - ID:2942873

    CAIRO, July 8 (MENA) - The Egyptian Exchange indices were all down in mid-day trading on Wednesday amid intensive sell-outs by investors, especially for the shares of Emaar Misr. The capital market lost about 4.3 billion pounds to record 475.1 ....

  • Tax Authority: Tax arrears of Petroleum, CBE, Suez Canal hit EGP 35 bn

    Date: 2015-07-08 10:33:59 GMT - Egypt - Economy - SN:29 - ID:2942597

    CAIRO, July 8 (MENA) - Chairman of the Egyptian Tax Authority Abdel Moniem Matar said tax arrears of the General Authority for Petroleum, the Central Bank of Egypt and Suez Canal reached EGP 35 billion, noting that the authority is scheduled to ....

  • Global-PRNewswire (1):Afghan Wireless Launches High Definition Voice Communications Throughout Afghanistan

    Date: 2015-07-08 07:31:14 GMT - Afghanistan - Economy - SN:13 - ID:2941761

    - Businesses, Consumers Welcome Arrival of HDV Solution, Offered Only By Afghan Wireless, Which Exponentially Increases Clarity, Quality of Voice Communications KABUL, Afghanistan, July 8, 2015 /PRNewswire/MENA/ -- The Afghan Wireless Communication ....

  • India's Mahindra eyes expansion of agribusiness in Egypt

    Date: 2015-07-07 20:47:09 GMT - Egypt - Economy - SN:84 - ID:2940745

    CAIRO, July 7 (MENA) - Mahindra Group, one of India's largest utility vehicle manufacturer, said Tuesday that it is looking over the expansion of its business in Egypt through new reclamation projects. Member of Mahindra's CII-Africa Committee and ....

  • EGX loses EGP 4.8bn

    Date: 2015-07-07 13:39:01 GMT - Egypt - Economy - SN:46 - ID:2938289

    CAIRO, July 7 (MENA) - The Egyptian Exchange lost 4.8 billion pounds at the close of Tuesday's trading amid intensive sales operations by local, Arab and foreign funds and institutions. EGX indexes were all down as shares of Emaar Misr for ....

  • Egypt's foreign reserves rise to $20.08bn - CBE

    Date: 2015-07-07 11:13:26 GMT - Egypt - Economy - SN:19 - ID:2936993

    CAIRO, July 7 (MENA) - The Central Bank of Egypt (CBE) said Tuesday that the country's foreign currency reserves were up by 520 million dollars at the end of June, reaching 20.08 billion from 19.5 billion at the end of May. The figures reflect ....

  • Cabinet gears up for 'Golden Triangle' project

    Date: 2015-07-07 10:58:27 GMT - Egypt - Economy - SN:16 - ID:2936545

    CAIRO, July 7 (MENA) - Prime Minister Ibrahim Mahlab reviewed preparations for Egypt's 'Golden Triangle' project, which aims to take advantage of the country's under-tapped mineral resources and develop Upper Egypt. Mahlab chaired Tuesday a ....

  • Egypt suspends cotton imports

    Date: 2015-07-07 10:37:16 GMT - Egypt - Economy - SN:14 - ID:2936701

    CAIRO, July 7 (MENA) - The Ministry of Agriculture has decided to suspend imports of all types of cotton to all companies expect for shipments prior to July 4. Measures are underway to set up regulations and mechanisms in favor of cotton ....

  • Global 1: MIAX Options Exchange Announces Hiring of John Smollen as Its New Executive Vice President

    Date: 2015-07-07 09:16:55 GMT - USA - Economy - SN:10 - ID:2936473

    MIAX Options Exchange Announces Hiring of John Smollen as Its New Executive Vice President – Head of Exchange Traded Products and Strategic Relations PRINCETON, New Jersey, July 7, 2015 /PRNewswire/ -- MIAX Options Exchange (MIAX®) announced ....

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